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Sainte-Thérèse condo market — May 2025

Based on 10 actual sales · CourtiConnect

Median price
$433,500
▲ 0.8% vs previous month
Average price
$440,590
Min $380,000 · Max $585,000
Sales count
10
May 2025
Period covered
May 2–28, 2025
Dates of the 10 sales included

Market context: condo in Sainte-Thérèse

The condo market in Sainte-Thérèse recorded 10 sales in May 2025, establishing a median price of $433,500 and an average price of $440,590. When compared to the broader municipal market over the trailing twelve months—which tracked 32 condo sales at a median of $427,500—the neighbourhood where these ten transactions occurred sits 1.4 percent above the city as a whole, indicating slightly firmer pricing in this specific area relative to Sainte-Thérèse overall. The average time on market for these units stood at 46 days, a timeframe that reflects a moderate pace of transaction flow. Properties spending six-and-a-half weeks on the market before sale typically signal neither an overheated seller's market nor a stalled one; rather, this duration suggests a balanced rhythm where listings receive reasonable attention from prospective buyers without creating urgency or excessive competitive bidding pressure. Across the ten documented sales, the average sale-to-asking price ratio reached 1.000, meaning that properties sold, on average, at the exact price asked. This equilibrium between list and final price points to reasonably balanced leverage between buyers and sellers within this particular sample. Neither party enjoyed systematic negotiating advantage over the other during this period, as reflected in this measured outcome. The building profile reveals that the condos changing hands were predominantly constructed between 1980 and 2010, representing 80 percent of the sales volume, while newer units built after 2010 accounted for the remaining 20 percent. No units from before 1980 appeared in the transaction set, meaning the stock here skews toward mid-age properties with established systems and track records rather than newly built or heritage structures. Of the ten sales concluded, two properties were sold without a legal warranty of quality, representing 20 percent of the cohort. Buyers acquiring properties without such warranty should understand that standard due diligence—including professional home inspection and the customary checks appropriate to any real estate purchase—remains essential to understanding the condition and systems of the property being acquired. For buyers entering this market, these figures suggest accessible pricing relative to the broader city, with moderate carrying times that allow for thoughtful decision-making. For sellers, the balance reflected in the sale-to-asking ratio indicates that appropriately priced inventory moves at a steady, predictable rhythm without requiring steep discounts or extended holding periods. To refine your understanding of value in this neighbourhood, consider using a real estate estimator tailored to current Sainte-Thérèse market data.

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